U.S. Treasury Department data released on Friday, the U.S. national debt has exceeded 14 trillion mark for the first time, the equivalent average, each $ 45,300 of national debt. U.S. Treasury Secretary Timothy Geithner predict the number will be the U.S. national debt by the end of March this year to reach 14.3 trillion statutory limit of the serious threat to U.S. economic recovery.
14 trillion national debt is not a small number of investors are worried that the U.S. rating agencies or 3A sovereign credit rating cut, the Fed's policy of quantitative easing is also second to increase the risk of downgrades. According to foreign media reports, the Standard & Poor's report released yesterday, as investors from the United States in the divestment of municipal bond mutual funds reached a record level of the scale, municipal bond yields have reached the most serious financial crisis since the highest level during the year U.S. state and local government bond rating was lowered to increase the likelihood.
However, some analysts have said that the U.S. debt has been globalization, the debt crisis in the short term the possibility of the United States is very small. Standard & Poor's also expects most U.S. state and local government bonds will remain the senior side's investment rating.
European trading session yesterday, the dollar index rebounded slightly, but market participants said that the implementation of quantitative easing in the Fed and the U.S. government in the context of growing fiscal deficit, the dollar market outlook is not optimistic, gold rally can be expected.